Sanatana Resources Inc. The Company has granted incentive stock options to a director and a contractor of the Company to purchase up to 600,000 common shares of the Company at a price of $0.16 per share. The stock options are exercisable on or before October 28, 2026 and vest in stages with 25% vesting immediately and the remainder to vest 25 [...]
Peter Miles, President and CEO of Sanatana Resources Inc. is pleased to welcome Rose Zanic, CPA, CA to Sanatana's board of directors. Peter Miles, President and CEO, commented "Rose's background in corporate finance complements the current board's skill set. She will chair the audit committee and further enhance Sanatana's corporate governance [...]
Highlights: Sanatana and ArcWest announce discovery of quartz-magnetite-specular hematite-chalcopyrite veining at the Skowill prospect, now named the Tarn zone. The Tarn zone is coincident with a 500m magnetic high, truncated on the north edge of the existing airborne magnetic survey. An airborne survey designed to complete coverage of the Skowill [...]
Highlights: Sanatana and ArcWest have confirmed the presence of at least two Cu-Au porphyry targets in the 31,077 hectare Oweegee Dome project in the initial exploration that started in August 2021. Geological mapping and sampling and geophysical surveys are focused on defining the Cu-Au porphyry drill targets for the planned 2022 field season. 3-D [...]
Sanatana Resources Inc. announces the resignation of Darcy Will, who has served as a member of its board of directors since July 2014. Sanatana's board and management thank Mr. Will for his years of service and wish him well. About the Company Sanatana Resources Inc. is a mineral exploration and development company focused on high-impact properties [...]
Highlights: Anomalous gold encountered in a shear hosted quartz vein. Consistent 1m to 5m of >0.5 g/t gold in all but one of the seven holes drilled to test this structure. Best assays include 6.35 g/t over 0.75m at surface, 2.45 g/t 55-56m in NS-21-04 and 2.08 g/t 54-55m in NS-21-05. First persistent mineralization ever discovered on the property [...]
Highlights: Sanatana has signed an agreement to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project. 2021 exploration expected to commence shortly. Exploration program to include geological mapping, geochemical sampling, geophysics and a first phase diamond drilling program. Sanatana Resources Inc. has entered into an agreement [...]
Highlights: 3,113m completed in 23 holes on seven separate prospects Reporting on the first four holes with remaining six prospect results expected over next four to six weeks. All holes encountered quartz veins hosted in shear zones, potentially hosting gold Assays have been returned from the first prospect, "North Vein" with 2m at 2.24 g/t Au [...]
Sanatana Resources. has appointed Tom Obradovich to the board of directors. Mr. Obradovich has extensive experience in mining exploration, development and financing and he is a graduate of the Haileybury School of Mines in Mining Technology and Advanced Field Geophysics. Peter Miles, Sanatana's CEO commented, "We are delighted that Tom Obradovich [...]
Highlights Seven NQ size holes and two AQ size hole completed on the North Shaft prospect. Brittle ductile shear zone with quartz veins intersected in all holes The main zone widens at depth, strikes for at least 200m and is open in all directions Core samples sent for assay Drill now targeting Elora prospect, an EM anomaly. Sanatana Resources. has [...]
Sanatana Resources has entered into a non-binding letter of intent with ArcWest Exploration Inc. to negotiate an earn-in and joint venture agreement on ArcWest's Oweegee Dome porphyry copper-gold project, located in BC's Golden Triangle. ArcWest's 100% owned Oweegee Dome project is located 45 km east of Seabridge Gold's KSM-Iron Cap porphyry Cu-Au [...]
Highlights Four holes completed in North Vein area All holes intersected quartz veins, alteration and sulphides Core samples sent for assay Drill now targeting North Shaft prospect. Sanatana Resources. is pleased to announce that G4 Drilling has completed four holes on its 2,353 hectare Gold Rush project, located 25km west of the Timmins. All holes [...]